Some Economics of Ticket Resale
Bibliographic Data
| ID | 4029189 |
|---|---|
| Authors | Pascal Courty (0000-0002-9454-090X, London Business School, London, United Kingdom., corresponding author) |
| Year | 2003 |
| Volume | 17 |
| Issue | 2 |
| Pages | 85-97 |
| Publication date | 2003-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/089533003765888449 |
| OpenAlex | W2059025895 |
| Language | EN |
| Citations received | 6 |
| References cited | 11 |
A large number of brokers and scalpers resell a significant fraction of event tickets at substantial markups and they manage to do so despite the fact that promoters and ticketing agencies do not support resell for profits and often attempt to block secondary market. Why can't promoters capture the profits from secondary markets or at least deter brokers from doing so? I present a simple explanation that borrows from the literature on airline ticket pricing and draw parallels with that literature. I review some evidence consistent with this explanation
Advertising · Business · Computer security · Economics · Microeconomics · Monetary economics · Operations management · Parallels · Secondary market · Ticket · Auction Theory and Applications · Aviation Industry Analysis and Trends · Computer Science · Consumer Market Behavior and Pricing · Finance
| Unique citing works | 6 |
|---|---|
| Citations per year | 0,38 |
| Citation span | 2010 - 2024 (15) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |